Future Retail, Amazon’s estranged partner in India, scales down operations
Published
Feb 27 2022 at 10:56 PM GMT
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- Future Retail, India's second largest retail chain, is scaling down its operations to reduce losses, it said, the latest casualty in its years-long battle with estranged partner Amazon.
- The firm, led by Kishore Biyani, said in filings to the stock exchanges that it has been finding it “difficult to finance the working capital needs,” and.
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- Published Feb 27, 2022 10:56 PM GMT